CABLE
CABLE is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Rubis Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 70,867 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2K, with roughly $237 expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 39 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 374 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about CABLE
- Who operates CABLE?
- CABLE is operated by Rubis Oil, Inc., Railroad Commission of Texas operator number 732600.
- Where is CABLE?
- CABLE is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 240592.
- Is CABLE still producing?
- CABLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CABLE is August 2026.
- How much has CABLE produced?
- CABLE has reported 70,867 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is CABLE worth?
- The remaining production from CABLE is estimated to be worth about $2K in total as of 26 August 2026, within a range of $1K to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CABLE is a fraction of it. The estimate fits an Arps decline curve to the production CABLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CABLE is an estimate of value, not an offer and not an appraisal.
- How much income does CABLE generate in a year?
- CABLE is forecast to net about $237 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CABLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rubis Oil, Inc. |
|---|---|
| Field | Park Springs (Congl.) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 240592 |
| Wellbores | 1 |
| Reported production | 70,867 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where CABLE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.